This deal concludes a partnership initiated in 2023, when Sosteneo acquired an initial 50 percent share of the project as part of a wider agreement covering solar assets in Sicily. With full ownership now transferred, Sosteneo will oversee construction and manage future operations of the Mineo site.
“By advancing the project to ready-to-build status and securing a CfD, European Energy has created favourable conditions for an efficient divestment and a seamless handover to a long-term owner,” said Alessandro Migliorini, Director and Country Manager Italy at European Energy.
KEY 2026 – tailwind for the solar transition from Rimini
The Mineo project was granted a contract for difference under the Italian FERX scheme in December 2025. The CfD framework ensures long-term revenue stability, which was central to the transaction.
European Energy has recently obtained several CfD awards for its Italian portfolio, with five solar projects totalling 513 MW receiving contracts under the same scheme. In Sicily, the company is advancing one of Italy’s largest solar park projects, a 225 MW agri-PV development near Vizzini. (hcn)
